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promised the people of egypt when you were elected president. >> reporter: now the egyptian president is putting himself above zwrui additional oversight they stressed the move was only temporary designed to hold people accountable in the previous regime but nevertheless democrats are nervous. one leading senator was asked what message should obama give the egyptian leader. >> he has to express those concerns and say obviously we wanted this change to be not just democratic but also be supportive of stability and also minorities and human rights in egypt. >> reporter: with the danger of instability the egyptian stock market was down more than 9%. >> heather: thank you very much. >> gregg: new york con man peter king announced he will be stepping down from the committee. he is obligated to step down because of term limits self-imposed by the republican party as chairman he helped ensure that new york received crucial federal funding to help combat terrorism. his replacement is not yet announced. he will devote to his new time as the homeland's panel of counterterrorism subcommittee. >>
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